Balance Sheet Mitsubishi Electric Corporation

Equities

6503

JP3902400005

Consumer Goods Conglomerates

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-09-18 EDT			5-day change	1st Jan Change
2,290.00 ^JPY	-0.54%		+3.69%	+14.56%

08-30	Mitsubishi Electric OKs Up to 30 Billion Yen Share Repurchase	MT
08-29	Mitsubishi Electric Corporation announces an Equity Buyback for 20,000,000 shares, representing 0.96% for ¥30,000 million.	CI

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Published financial data: MITSUBISHI ELECTRIC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	4,463B	4,191B	4,477B	5,004B	5,258B
Gain (Loss) on Sale of Investment, Total (Rev)	-	-	-	-	-
Other Revenues, Total	-	-	-	-	-
Total Revenues	4,463B	4,191B	4,477B	5,004B	5,258B
Cost of Goods Sold, Total	3,200B	3,017B	3,212B	3,597B	3,712B
Gross Profit	1,262B	1,174B	1,265B	1,407B	1,546B
Selling General & Admin Expenses, Total	1,017B	954B	1,014B	1,148B	1,237B
R&D Expenses	-	-	-	-	-
Other Operating Expenses	-14.4B	-9.42B	-1.18B	-3.42B	-19.88B
Other Operating Expenses, Total	1,003B	944B	1,012B	1,145B	1,217B
Operating Income	260B	230B	252B	262B	329B
Interest Expense, Total	-2.32B	-2.83B	-2.67B	-3.91B	-7.67B
Interest And Investment Income	10.28B	8.79B	8.71B	12.3B	21.2B
Net Interest Expenses	7.96B	5.96B	6.04B	8.39B	13.52B
Income (Loss) On Equity Invest.	19.05B	19.25B	18.43B	21.82B	27.82B
Currency Exchange Gains (Loss)	-4.69B	3.35B	3.2B	-374M	-4B
Other Non Operating Income (Expenses)	-	-	-31M	-9M	-16M
EBT, Excl. Unusual Items	282B	259B	280B	292B	366B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	282B	259B	280B	292B	366B
Income Tax Expense	48.47B	57.07B	61.81B	67.24B	68.91B
Earnings From Continuing Operations	234B	202B	218B	225B	297B
Net Income to Company	234B	202B	218B	225B	297B
Minority Interest	-11.68B	-8.55B	-14.4B	-11.04B	-12B
Net Income - (IS)	222B	193B	203B	214B	285B
Net Income to Common Incl Extra Items	222B	193B	203B	214B	285B
Net Income to Common Excl. Extra Items	222B	193B	203B	214B	285B
Per Share Items
Net EPS - Basic	103.41	90.03	95.41	101.3	135.74
Basic EPS - Continuing Operations	103.41	90.03	95.41	101.3	135.74
Basic Weighted Average Shares Outstanding	2.15B	2.15B	2.13B	2.11B	2.1B
Net EPS - Diluted	103.41	90.03	95.41	101.3	135.74
Diluted EPS - Continuing Operations	103.41	90.03	95.41	101.3	135.74
Diluted Weighted Average Shares Outstanding	2.15B	2.15B	2.13B	2.11B	2.1B
Normalized Basic EPS	76.72	71.4	75.21	81.25	103.21
Normalized Diluted EPS	76.72	71.4	75.21	81.25	103.21
Dividend Per Share	40	36	40	40	50
Payout Ratio	38.71	40.02	42.13	39.51	34.02
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	470B	444B	459B	476B	529B
EBITA	260B	230B	252B	262B	329B
EBIT	260B	230B	252B	262B	329B
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	17.19	22.06	22.1	23.01	18.83
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	165B	153B	160B	172B	217B
Non-Cash Pension Expense	158M	433M	12.73B	-1.12B	-2.57B
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	207B	190B	195B	212B	222B
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	538B	767B	727B	646B	765B
Total Cash And Short Term Investments	538B	767B	727B	646B	765B
Accounts Receivable, Total	900B	907B	944B	1,052B	1,090B
Total Receivables	900B	907B	944B	1,052B	1,090B
Inventory	694B	744B	960B	1,209B	1,253B
Prepaid Expenses	-	-	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	496B	429B	459B	481B	516B
Total Current Assets	2,628B	2,847B	3,090B	3,388B	3,625B
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	854B	858B	856B	896B	963B
Long-term Investments	531B	757B	841B	953B	1,254B
Goodwill	53.45B	61.11B	69.12B	90.7B	99.43B
Other Intangibles, Total	92.87B	92.4B	92.37B	99.9B	112B
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	250B	183B	160B	154B	114B
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	4,410B	4,798B	5,108B	5,583B	6,167B
Liabilities
Accounts Payable, Total	527B	542B	602B	644B	589B
Accrued Expenses, Total	265B	302B	327B	333B	341B
Short-term Borrowings	52.97B	72.05B	74.96B	87.49B	71.68B
Current Portion of Long-Term Debt	-	20B	-	-	-
Current Portion of Leases	80.4B	60.6B	98.25B	98.81B	80.01B
Current Income Taxes Payable	21.34B	30.96B	33.58B	46.62B	66.93B
Other Current Liabilities	456B	478B	512B	593B	691B
Total Current Liabilities	1,403B	1,505B	1,647B	1,803B	1,839B
Long-Term Debt	214B	157B	142B	165B	170B
Long-Term Leases	29.59B	55.93B	14.04B	49.68B	73.33B
Pension & Other Post Retirement Benefits	163B	161B	162B	154B	151B
Deferred Tax Liability Non Current	10.19B	5.76B	4.77B	7.76B	22.26B
Other Non Current Liabilities	51.18B	42.01B	40.48B	40.43B	45.57B
Total Liabilities	1,871B	1,927B	2,011B	2,219B	2,301B
Common Stock, Total	176B	176B	176B	176B	176B
Additional Paid In Capital	203B	203B	203B	203B	195B
Retained Earnings	2,072B	2,266B	2,465B	2,636B	3,103B
Treasury Stock	-2.92B	-2.6B	-52.07B	-52.72B	-98.04B
Comprehensive Income and Other	-17.8B	112B	185B	277B	364B
Total Common Equity	2,430B	2,754B	2,976B	3,239B	3,739B
Minority Interest	109B	116B	121B	124B	127B
Total Equity	2,539B	2,871B	3,097B	3,363B	3,866B
Total Liabilities And Equity	4,410B	4,798B	5,108B	5,583B	6,167B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.15B	2.15B	2.11B	2.11B	2.09B
ECS Total Common Shares Outstanding	2.15B	2.15B	2.11B	2.11B	2.09B
Book Value / Share	1.13K	1.28K	1.41K	1.53K	1.79K
Tangible Book Value	2,283B	2,601B	2,814B	3,048B	3,527B
Tangible Book Value Per Share	1.06K	1.21K	1.33K	1.44K	1.69K
Total Debt	377B	365B	329B	401B	395B
Net Debt	-161B	-402B	-398B	-245B	-371B
Debt Equivalent of Unfunded Proj. Benefit Obligation	114B	-14.67B	-114B	-179B	-469B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	109B	116B	121B	124B	127B
Equity Method Investments, Total	196B	205B	221B	237B	266B
Account Code - Inventory Valuation	-	-	-	-	-
Inventories - Raw Materials, Total	141B	151B	223B	292B	300B
Inventories - Work In Process, Total	206B	267B	355B	391B	394B
Inventories - Finished Goods, Total	346B	326B	382B	526B	559B
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	-	-	-	-	-
Full Time Employees	147K	146K	146K	150K	149K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	234B	202B	218B	225B	297B
Depreciation & Amortization - CF	211B	213B	207B	214B	201B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	211B	213B	207B	214B	201B
(Gain) Loss From Sale Of Asset	-9.5B	-2.92B	5.22B	3.23B	-13.02B
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-19.05B	-19.25B	-18.43B	-21.82B	-27.82B
Other Operating Activities, Total	-31.43B	-32.37B	-62.79B	-66.94B	-78.9B
Change In Accounts Receivable	23.96B	13B	-7.32B	-82.85B	6.27B
Change In Inventories	18.5B	-28.12B	-183B	-224B	21.95B
Change In Accounts Payable	-28.58B	6.94B	50.01B	35.59B	-67.24B
Change in Other Net Operating Assets	-2.26B	190B	74.42B	84.99B	76.46B
Cash from Operations	396B	542B	282B	167B	415B
Capital Expenditure	-193B	-169B	-134B	-151B	-176B
Sale of Property, Plant, and Equipment	19.57B	14.23B	3.12B	31.68B	27.93B
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-24.36B	-19.44B	-21.72B	-24.44B	-33.25B
Investment in Marketable and Equity Securities, Total	-6.33B	-2.46B	39.67B	-7.68B	88.18B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-39M	39M	-1.6B	3.02B	-1.22B
Cash from Investing	-204B	-177B	-115B	-149B	-94.12B
Short Term Debt Issued, Total	-	20.22B	1.68B	14.34B	-
Long-Term Debt Issued, Total	35.35B	485M	825M	77.08B	55.39B
Total Debt Issued	35.35B	20.71B	2.5B	91.42B	55.39B
Short Term Debt Repaid, Total	-2.09B	-	-	-	-18.32B
Long-Term Debt Repaid, Total	-41.68B	-37.87B	-35.51B	-54.59B	-50.77B
Total Debt Repaid	-43.77B	-37.87B	-35.51B	-54.59B	-69.09B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-785M	-367M	-50.53B	-1.58B	-45.86B
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-85.87B	-77.28B	-85.72B	-84.52B	-96.95B
Common & Preferred Stock Dividends Paid	-85.87B	-77.28B	-85.72B	-84.52B	-96.95B
Other Financing Activities, Total	-61.38B	-62.54B	-72.06B	-70.29B	-83.61B
Cash from Financing	-156B	-157B	-241B	-120B	-240B
Foreign Exchange Rate Adjustments	-12.05B	21.63B	33.59B	20.08B	38.27B
Net Change in Cash	23.34B	230B	-40.23B	-81.31B	120B
Supplemental Items
Cash Interest Paid	2.28B	2.7B	2.48B	3.83B	7.36B
Cash Income Tax Paid (Refund)	49.32B	40.61B	72.81B	77.03B	96.67B
Levered Free Cash Flow	132B	261B	43.85B	-36.38B	146B
Unlevered Free Cash Flow	133B	263B	45.52B	-33.93B	151B
Change In Net Working Capital	22.48B	-94.34B	163B	236B	46.57B
Net Debt Issued / Repaid	-8.42B	-17.16B	-33.01B	36.82B	-13.7B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.7	3.12	3.18	3.07	3.49
Return on Total Capital	5.67	4.68	4.73	4.56	5.12
Return On Equity %	9.25	7.46	7.3	6.96	8.21
Return on Common Equity	9.19	7.45	7.1	6.88	8.17
Margin Analysis
Gross Profit Margin %	28.29	28.02	28.25	28.12	29.4
SG&A Margin	22.79	22.75	22.64	22.94	23.53
EBITDA Margin %	10.54	10.58	10.25	9.52	10.07
EBITA Margin %	5.82	5.49	5.63	5.24	6.25
EBIT Margin %	5.82	5.49	5.63	5.24	6.25
Income From Continuing Operations Margin %	5.23	4.81	4.87	4.5	5.65
Net Income Margin %	4.97	4.61	4.55	4.28	5.42
Net Avail. For Common Margin %	4.97	4.61	4.55	4.28	5.42
Normalized Net Income Margin	3.69	3.65	3.58	3.43	4.12
Levered Free Cash Flow Margin	2.95	6.24	0.98	-0.73	2.77
Unlevered Free Cash Flow Margin	2.99	6.28	1.02	-0.68	2.86
Asset Turnover
Asset Turnover	1.02	0.91	0.9	0.94	0.89
Fixed Assets Turnover	5.53	4.9	5.23	5.71	5.66
Receivables Turnover (Average Receivables)	4.85	4.64	4.84	5.01	4.91
Inventory Turnover (Average Inventory)	4.5	4.2	3.77	3.32	3.01
Short Term Liquidity
Current Ratio